It may not have made a big splash on network news or in print, but for real estate it was the equivalent of a congressional declaration of war — a war against mortgage fraud. Just as security and intelligence agencies were given huge funding boosts by Congress after 9 /11, the FBI, the Justice...

Check out this reblog from one of our friends at originalsubprime.com: Erik Gerding, assistant professor, UNM School of Law, discusses how mortgage investments work and how that process led to the subprime mortgage crisis. Part of Global Instability: Causes, Consequences, and Cures, a lecture series...